Tag: ecommerce

The best of your favourite apps, such as BookMyShow, PVR, PayTM, TicketNew, etc. are your go-to buddies when it comes to booking tickets online. But they often charge what is known as ‘internet handling fees.’Most of us are ready to pay this extra amount of money, that varies in accordance with the amount of transaction we make. This is...

The number of digital ad frauds in India is rising at an alarming pace.With time the amount of money being spent on advertising is growing, as so are the attempts to misrepresent advertisers through ad fraud. Reports have shown that as much as $6 billion is stolen from advertisers every year through ad frauds, and India is no exception...

The internet giant eBay Inc. has played a vital role in the growth of the global ecommerce market. For over two decades, as a true marketplace, eBay has been connecting buyers and sellers directly. However, with the strengthening presence of Amazon, Alibaba and many other homegrown players in developing markets like India, eBay is finding tough to stay...

In what would be the most self-evident scoop on the plate, Singapore-based Flipkart Group has seen a surge in its total revenue, which, fortunately, has increased at a dramatic pace! The revenue of Flipkart Group during FY'18 ending March 2018, increased over 50%, to Rs 30,164 crore. But does that mean Flipkart is all up for a windfall and is...

India has outlined a new draft policy to govern its rapidly increasing ecommerce market. And, no one more than Amazon India and Flipkart would be disappointed with it.The new policy outlined Saturday aims at providing greater protection and support to homegrown etailing firms, perhaps taking a cue from China where Alibaba, Baidu and Tencent have gone on to become global...

The India ecommerce market growth is estimated to miss the market expectations as e-commerce juggernauts which was earlier going full throttle seems to have slowed down ever since the new FDI rules kicked in on Feb1, 2019.Morgan Stanley, the US-based banking and financial services expert, has revised its estimates for the Indian e-commerce sector, citing a number of reasons for doing...

Amazon.com, Inc. (NASDAQ:AMZN) is currently valued at $800 billion - the third most valued tech firm, trailing behind only Microsoft and Apple - the two tech behemoths.Jeff Bezos, CEO and Founder - Amazon.com, toppled Bill Gates, Founder of Microsoft, to become the richest person alive on this planet last year.To top it all, in fiscal 2018, the company reported...

The new Foreign Direct Investment (FDI) rules which kicked in on February 1, 2019, have come as a huge jolt for the ambitious US-based retailer Walmart.The behemoth had decided to join the huge Indian e-commerce feast barely a year ago by paying an astoundingly huge $16 billion to acquire a 77% stake in the Indian retail juggernaut Flipkart. Walmart May...

The new FDI policy which kicked in on Feb 01, 2019 has applied brakes on the Indian e-commerce juggernaut spearheaded by Amazon and Flipkart.Since the new FDI rules came into place three days ago, sales at Amazon and Flipkart have already dipped by nearly 30%. Together, the two have reportedly lost more than $50 billion in market cap. While...

eBay could be the game changer in India eCommerce market amid the new FDI rules.As the new rules for Foreign Direct Investment (FDI) came into effect from today, the e-commerce scenario in the country is poised for a major change. The giants in this arena, Amazon and the now Walmart backed Flipkart, who had hitherto been riding high on their...

Paytm founder Vijay Shekhar Sharma recently laid to rest all rumours about his company’s ‘plans’ to shut down its B2C marketplace business, Paytm Mall, in view of mounting losses and falling market share, owing to stiff competition from market giants Amazon and Flipkart. In fact, the Noida based firm is also hoping to generate approximately 15% of Paytm Mall’s business...

With India e-tail market bowled over with new foreign investment policies, brick and mortar retailers can be high on the hog! Apparently, CRISIL noted that with revised restrictions over equity ownerships in sellers, the supply chain needs to be altered in case of e-retailers. On a completely dramatic turn of events, this change in the e-retailing supply chain can...

Flipkart India, the wholesale entity of the country’s largest online retailer is being given a raw deal! With a loss that accounts to a staggering nine-fold, the retailing giant owned by US-based Walmart Inc., had a tough financial year.According to regulatory filings of the two main entities that control the India business i.e., Flipkart India and Flipkart Internet, the...

Yes, it is that time of the year again. Flipkart's 4-day festival, the Big Billion Days sale, is finally back again. Although competition for Flipkart has definitely increased in the e-commerce category in the recent years, the Big Billion days are treated with the same fanfare that they were on their first instance of occurring. And one of the major...

Amazon's Great Indian Festival is around the corner, and the company is leaving no stone unturned to make it more adorable. The company has announced a fleet of offers to woo online shoppers during the Great Indian Festival. Besides discount offers on smartphones, the best one if the free screen replacement for smartphones online shoppers would buy from Amazon India...

Flipkart employees are expected to strike gold through the deal of acquisition of the e-commerce giant by Walmart. Flipkart has recently allowed its employees - if they want - to sell their stocks to its parent company. The employee stock options present at their disposal had their valuation increased as a result of the deal. The increase in valuation...